NEW YORK | 100 Gold St | FT | FLOORS

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Next Steps Announced For 100 Gold Street Redevelopment In the Financial District, Manhattan

The City of New York has announced the next steps in the redevelopment of 100 Gold Street, a city-owned building planned for conversion into a mixed-income residential building in Manhattan’s Financial District. Led by the New York City Economic Development Corporation (NYCEDC) and the New York City Department of Housing Preservation and Development (HPD), the project will yield approximately 1,000 units and is part of Mayor Eric Adams’ “Manhattan Plan,” which aims to create 100,000 new homes in the borough over the next decade. The 95,000-square-foot building is located at the corner of Gold Street and Frankfort Street.

Beyond residential units, 100 Gold Street will include an older adult center for local residents, replacing an existing facility built in the 1960s. Additionally, city agencies currently occupying 100 Gold Street, including HPD and the Department of Citywide Administrative Services (DCAS), will be relocated to new office space. The sale proceeds from the project will be used to fund this relocation and support additional public benefits, including affordable housing.

NYCEDC is seeking proposals that prioritize high-quality housing, sustainability, community integration, and responsible development. The selected developer is expected to demolish the existing structure and construct a new mixed-use building in its place.

“The 100 Gold project stands as an incredible investment in our city, ensuring that more residents will have access to safe and stable housing,” said DCAS commissioner Louis A. Molina. “We are proud to do our part to support the development of these much-needed spaces that will undoubtedly have a transformative impact on the lives of many New Yorkers. Day after day, this administration is making the vision of equitable, affordable housing a reality.”

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NYY